A flight instructor charged with involuntary manslaughter for a crash that killed a student pilot in eastern Pennsylvania had surrendered his pilot’s certificate after two prior crashes with students aboard, prosecutors said in an indictment unsealed Monday. Philip Everton McPherson …
Global insured losses from natural catastrophes totaled US$60 billion during the first half of 2024, or 62% above the 10-year average, according to preliminary estimates from Swiss Re. Severe thunderstorms (mainly in the US) accounted for 70% of insured losses …
Delta Air Lines was sued by passengers who complained that the carrier refused to offer full refunds after delaying or canceling their flights in the wake of last month’s massive computer outage. The proposed class action was made public on …
A fast-moving wildfire that swept into a Southern California hillside community this week destroyed five homes and damaged three others, authorities said. The flames erupted Monday afternoon and chased residents from the neighborhood in San Bernardino, about 60 miles east …
Arkansas Governor Sarah Huckabee Sanders and Insurance Department Commissioner Alan McClain announced Tuesday notices of penalties and hearings against four major pharmacy benefit managers (PBMs), Caremark, Magellan, Express Scripts, and MedImpact. These enforcement actions follow on the heels of a …
Fracking wastewater, injected underground for permanent disposal, traveled 12 miles through geological faults before bursting to the surface through a previously plugged West Texas oil well in 2022, according to a new study from Southern Methodist University. It’s the first …
Lockton Names Ryan US President Lockton, headquartered in Kansas City, Missouri, appointed Tim Ryan as U.S. president. Ryan has 19 years of experience as the COO of Lockton’s Northeast business and 30 years of industry experience. Ryan reports to Ron …
This edition of International People Moves details appointments at Markel and Howden Re. A summary of these new hires follows here. Markel Appoints 2 Key Hires for International Casualty Team Markel, the insurance operations within Markel Group, announced the appointment …
Governor Glenn Youngkin declared a state of emergency for Virginia based on National Weather Service and National Hurricane Center forecasts that indicate the state could see significant rainfall and flooding from Tropical Storm Debby. The Virginia Emergency Operations Center (VEOC) …
King Insurance Parnters, based in Gainesville, Florida, continues to expand with the acquisition of Lincoln Insurance Group in McDonough, Georgia. Lincoln is an independent agency that offers auto, home, life and commercial inurance coverage, King said in a news release. …
